Payment solutions

Whatever type of payment you have to make, we can assist; be it one-off payments, bulk payments, domestic payments or international transfers.

Domestic electronic fund transfers (outgoing)
This type of payment is used for high volumes of non-urgent payments, including recurring transactions such as vendor or salary payments.

These services are provided at all our branches and on our internet banking channel.
Domestic real-time gross settlement (RTGS)

RTGS is a payment made in any freely traded currency via the local clearing house. This type of payment method is normally used for payments where same-day value is required. It is also used for high-value payments (values above TZS20 million), even if they are not urgent (as required by the regulator BOT value capping). The service is provided at any of our branches and on our internet banking channel.
International payments via SWIFT

These are cross-border payments in any freely traded currency, made via SWIFT, an international messaging system. It enables you to pay for goods and services to a specified destination and in a currency of your choice.

This service is provided at all our branches and on our internet banking channel.